The pound is hurtling towards its biggest six-month drop against the US dollar since the Brexit referendum in 2016. Sterling fell a whopping 0.46% to $1.2127 by mid-afternoon on Wednesday.… The post Pound heading for biggest drop in six months appeared first on London Business News | Londonlovesbusiness.com.
The Bank of England’s Monetary Policy Committee (MPC) has set monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At… The post UK interest rates hiked to 0.25% in surprise move appeared first on London Business News | Londonlovesbusiness.com.